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ove <br />vis <br />cou <br />COMMUNICATIONS <br />a. HUD letter dated October 9, 1972: This letter <br />the signature of Mr. Keith W. Lerch, Attorney Ad- <br />)r, documents the return of one fully- executed <br />iterpart of Contract Ind. R- 57(LG). <br />Mr. Taylor advised we received notification of approval <br />of the contract by HUD letter and telegram dated May 30, <br />1972, in amount of $102,000, and have now received the <br />executed contract. <br />b. HUD letter dated October 9, 1972: This letter <br />over the signature of Mr. Keith W. Lerch, Attorney Ad- <br />visor, documents the return of one fully- executed <br />counterpart of Contract Ind. R- 66(LG). <br />Approval was also received for funds in amount of $871,000 <br />by UD under date of May 30, 1972, R -66 Project, and are <br />now in receipt of the executed contract. <br />OpE <br />de% <br />of <br />fir <br />poi <br />c. HUD letter dated October 17, 1972: This letter <br />° the signature of Mr. Stephen J. Havens, Director, <br />,ations Division, advises they have reviewed the Re- <br />?lopers Statement of the First Bank and Trust Company <br />iouth Bend as Trustee for Land Trust No. 29 -5121 and <br />i no objection to this company as redeveloper of Dis- <br />ition Parcel No. 4 -70 and part of Parcel No. 4 -72. <br />5. OLD BUSINESS <br />None. <br />6. NEW BUSINESS <br />a. Assignment from Royal Inns of America, Inc. to <br />South Bend Economic Development Commission: Commission <br />approval was requested of the assignment from Royal Inns <br />of America, Inc., as redeveloper of Disposition Parcel No. <br />7 -1, Ind. R -66, to the South Bend Economic Development <br />Co mission's interest in property and authorizing trans - <br />f of deed to Economic Development Commission. <br />A certified check, in the amount of $420,754.01, was <br />received this morning from the St. Joseph Bank & Trust <br />Co., over the signature of Mr. Schuster, Trust Depart - <br />me t, for the purchase of this real estate, from Royal <br />In s of America, Inc., as redeveloper. <br />On motion by Mr. Chenney, seconded by Mr. Wiggins and <br />un nimously carried, the above Assignment was approved. <br />5&'E <br />EXECUTED CONTRACT <br />IND. R- 57(LG) RECEIVED <br />EXECUTED CONTRACT <br />IND. R- 66(LG) RECEIVED <br />REDEVELOPER APPROVED, <br />DISPOSITION PARCEL NOS. <br />4 -70 & PART OF 4 -72, <br />R -66 <br />ASSIGNMENT APPROVED, <br />DISPOSITION PARCEL NO. <br />7 -1, R -66 <br />